By Joshua Kirby

 

Electricite de France SA said Wednesday that is in exploratory discussions over a transaction involving General Electric Co.'s nuclear activities, but that no outcome is certain.

French media last month reported that EDF was set to make a bid for GE's nuclear activities, grouped under GE Steam Power and located principally at Belfort in eastern France.

The French utility said it continually assesses its strategic options and its U.S. peer is a key partner in the nuclear business.

"EDF is currently analysing conditions under which the interests of the EDF Group would be best served," the company said, adding that the outcome of the discussions isn't certain.

GE has been contacted for comment by Dow Jones Newswires.

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

September 22, 2021 07:30 ET (11:30 GMT)

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